Disclosures | Acorns

The Fine Print of Acorns

Investment Risks:

All investments involve risk, including loss of principal. Any references to past performance, regarding financial markets or otherwise, do not indicate or guarantee future results. Forward-looking statements, including without limitations investment outcomes and projections, are hypothetical and educational in nature. The results of any hypothetical projections can and may differ from actual investment results.

Investing in the bond market is subject to risks, including market, interest rate, issuer, credit, inflation risk, and liquidity risk. The value of most bonds and bond strategies are impacted by changes in interest rates. Bonds and bond strategies with longer durations tend to be more sensitive and volatile than those with shorter durations; bond prices generally fall as interest rates rise, and the current low interest rate environment increases this risk. Current reductions in bond counterparty capacity may contribute to decreased market liquidity and increased price volatility. Bond investments may be worth more or less than the original cost when redeemed. Investing in the bond market is subject to certain risks including the risk that fixed income securities will decline in value because of changes in interest rates; the risk that fund shares could trade at prices other than the net asset value; and the risk that the manager's investment decisions might not produce the desired results.

Investing in equities is subject to risk including decline in value due to both real and perceived general market, economic, and industry conditions; the risk that fund shares could trade at prices other than the net asset value; and the risk that the manager's investment decisions might not produce the desired results.

Investing in foreign-denominated and/or -domiciled securities may involve heightened risk due to currency fluctuations, and economic and political risks, which may be enhanced in emerging markets.

Investing in ETFs containing Bitcoin Futures is considered a high-risk investment. Bitcoin and bitcoin futures are relatively new investments. They are subject to unique and substantial risks, and historically, have been subject to significant price volatility. Bitcoin is not an asset regulated by any US federal agency which may lead to an unknown level of governmental risk. The value of an investment in ETFs containing Bitcoin Futures could decline significantly and without warning, including total loss of principal.

Core Portfolios May Contain the Following ETFs:
iShares Core S&P Mid-Cap ETF (symbol:  IJH)
iShares Core S&P Small-Cap ETF (symbol:  IJR)
iShares Core MSCI Total International Stock ETF (symbol:  IXUS)
Vanguard 500 Index Fund ETF Shares (symbol:  VOO)
iShares Core U.S. Aggregate Bond ETF (symbol:  AGG)
iShares Core 1-5 Year USD Bond ETF (symbol:  ISTB)
SPDR® Bloomberg Barclays 1-3 Month T-Bill ETF (symbol:  BIL)
Goldman Sachs Access Treasury 0-1 Year ETF (symbol:  GBIL)
iShares Ultra Short-Term Bond ETF (symbol:  ICSH)
JPMorgan Ultra-Short Income ETF (symbol:  JPST)
iShares Short Treasury Bond ETF (symbol:  SHV)

ESG Portfolios May Contain the Following ETFs:
iShares ESG Aware MSCI USA ETF (symbol:  ESGU)
iShares ESG Aware U.S. Aggregate Bond ETF (symbol:  EAGG)
iShares ESG Aware MSCI EM ETF (symbol:  ESGE)
iShares ESG Aware MSCI USA Small-Cap ETF (symbol:   ESML)
iShares ESG Aware 1-5 Year USD Corporate Bond ETF (symbol:  SUSB)
iShares ESG Aware MSCI EAFE ETF (symbol:  ESGD)
iShares 1-3 Year Treasury Bond ETF (symbol:  SHY)
iShares MSCI USA ESG Select ETF (symbol:  SUSA)
iShares U.S. Treasury Bond ETF (symbol:  GOVT)
iShares MBS ETF (symbol:  MBB)
iShares ESG Aware USD Corporate Bond ETF (symbol:  SUSC)

New Product or Software Risk:

Acorns delivers its investment advisory services entirely through software. Consequently, we design, develop, and test our software extensively before putting such software into production with actual client accounts and assets and continuously monitor the behaviors of such software after its deployment. Notwithstanding this rigorous design, development, testing and monitoring, it is possible that such software may not always perform exactly as intended or as intended, especially in certain combinations of unusual circumstances. Acorns continuously strives to monitor, detect, and correct any software that does not perform as expected or as disclosed.

Trusted Contact:

By designating a Trusted Contact (18+ or older) on your account, you authorize Acorns to contact your Trusted Contact at our discretion to disclose information about your investment account(s), address possible financial exploitation, confirm the specifics of your contact information, health status, or otherwise permitted by FINRA rules or state laws. Designation as a Trusted Contact does not grant authority to make transactions in your account, act as an executor, trustee or power of attorney. Choosing a Trusted Contact can help prevent fraud without giving up control of your finances.

No Offer or Solicitation:

The contents of the website are provided for information purposes and do not constitute an offer to sell or a solicitation to buy securities. The information provided herein is not directed to any investor or category of investors and is provided solely as general information about our products and services and to otherwise provide general investment education. No information contained herein should be regarded as a suggestion to engage in or refrain from any investment-related course of action as Acorns is not providing investment advice or giving advice in a fiduciary capacity. Acorns is not engaged in rendering any tax, legal, or accounting advice. Please consult with a qualified professional for this type of advice. References to specific securities and their issuers or other investments are not intended and should not be interpreted as recommendations to purchase, sell or hold such securities or other investments.

Website Subject to Change:

Acorns reserves the right to amend or revise any information or documents contained on this website at any time without notice. The information and documents contained on this website relate only to the dates indicated therein and may not be accurate as of any subsequent date. Acorns does not undertake any obligation or assume any responsibility to update any such information.

No Liability:

In no event shall Acorns, its respective affiliates, directors, officers, registered representatives, or employees, be liable for any damages of any kind (including, without limitation, special, incidental, indirect, or consequential damages) on any theory of liability arising out of or in connection with the use of any information on this website.